Birchtree's Account Talk

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Birchtree said:
I didn't even reaklize I had been baned - that should make #8 or so. Actually, my wife had abdominal surgery and I was tending to her and sleeping over in the hospital. The surgery went fine with no complications so I'm getting back in the saddle.
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BTW, how's the kitty doing? And yes, I'm talking about your stock picking cat....................;)
 
Thanks for the well wishes everyone. She is going to take 6 weeks of recovery so we'll get a taste of what her retirement might be like - or rather what it might be like for me. She had a polypoid on her cecum that was discovered during a recent colonoscopy that could not be removed with a laser so surgery was the option. I thanked the surgeon for the complimentary tummy tuck - he just smiled. But he did take her appendix as routine since he was in the neighborhood.
 
Welcome back Birch. I know how stressful it can be when the wife goes under the knife. Glad she's on the far side and swinging upward.
 
Looking over my oceanic account I have 16 dividends due for reinvestment in the next 6 trading days - so a little consolidation is welcomed giving me lower prices and more shares accumulated. My income stream continues to expand. So far this year I've had 108 dividend increase announcements with more to come. Will 2013 be as lucrative or even more rewarding. I'm staying with the plan to accumulate my wall flowers after the election - then I'm going to spend some cash that has built up.
 
Actually make that 5 trading days to reinvest those dividends. It's a great time to be invested long with such a large wall of worry to climb.
 
Birchtree said:
Looking over my oceanic account I have 16 dividends due for reinvestment in the next 6 trading days - so a little consolidation is welcomed giving me lower prices and more shares accumulated. My income stream continues to expand. So far this year I've had 108 dividend increase announcements with more to come. Will 2013 be as lucrative or even more rewarding. I'm staying with the plan to accumulate my wall flowers after the election - then I'm going to spend some cash that has built up.
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Well done Birch. What's on your shopping list?
 
FWM,

Big money says refrain from buying the SPX until 1425 becomes support - the current level of 1410 or lower would be sweet for me.
 
Alrighty boys periscope down for golden prices before the Romney rally kicks the Dow to 15,000. So many hedge funds were left behind during the summer rally and will now push into the market with a woosh and up we go in a parabolic move - gotta sit tight and collect the reward. I caught another dividend increase announcement this morning - APL was the candidate. So get ready for the toasted Obama-Baloney goodbye rally to continue after a short breather respite. I suspect that I'll create a loss for October in my Birchtree 300 fund - but then comes November. It's going to be the exact opposite of last year.
 
Birchtree said:
Warning - do not read this article if you are a liberal - it'll make you cry.

SPX and 2012 Elections 3 | Adam Hamilton | Safehaven.com
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shouldn't you be bearish at the moment if you're expecting the incumbent party to lose? according to that article it's saying that presidential ratings go up when the markets are up, and down when the market's down. a major down in the market before the election would be a backbreaker for the incumbent party no?
 
I don't know sniper. If your a buy and holder you just saw a 20%+ 2009, 20%+ 2010, -7% 2011, and currently a 14% 2012 in the S&P. These number are just off my head and might differ a little. Wasn't the S&P high 6000/low 7000 when he was inaugurated? I think most independents will look at that when they vote then over the last three weeks.

With that said I still think we'll see market manipulation continue until election day.
 
My oceanic account had a give back of -$98K last week - that leaves me -$18K in the hole for the month of October so far. I guess I'll just have to wait on November to make some gains. Dividend increase announcements are still coming in with 113 the most recent count.
 
Birchtree said:
"You will be borrowing from one of the most unstable and unreliable lenders imaginable." Perhaps that's why I'm on margin - living dangerously.

http://www.marketoracle.co.uk/Article37237.html
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Silly author. Methinks that someone could borrow on margin and bet on the DOWNSIDE of the market, not just the upside.

The author assumes that all bets in the market are to the upside, which is most definitely not true.

Er, of course, except for your bets, Birch. :toung:
 
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